Cipherhoodlum on Nostr: People trusted banks to hold their money and governments to protect its value. Both ...
People trusted banks to hold their money and governments to protect its value. Both failed.
In 2007, Northern Rock collapsed. Withdrawals were frozen. In 2013, Cyprus seized deposits. In 2022, Canada froze accounts. In the UK and US, central banks printed trillions. Inflation followed.
The rules changed. The value dropped. Access was denied.
Bitcoin does not change the rules. It does not inflate. It does not freeze.
It runs on code. Ownership is defined by keys, not permission.
That was the problem. This is the solution.
Published at
2025-05-26 02:53:53 UTCEvent JSON
{
"id": "2b094850ded46d903fc4f0292b654da1321cb14f6a6bb3b4ff821deacc8e2dc7",
"pubkey": "e2a64dcdfe295c3d374c3b04dcbdfb7a81448a73db058db7acfd0929b64b7396",
"created_at": 1748228033,
"kind": 1,
"tags": [],
"content": "People trusted banks to hold their money and governments to protect its value. Both failed.\n\nIn 2007, Northern Rock collapsed. Withdrawals were frozen. In 2013, Cyprus seized deposits. In 2022, Canada froze accounts. In the UK and US, central banks printed trillions. Inflation followed.\n\nThe rules changed. The value dropped. Access was denied.\n\nBitcoin does not change the rules. It does not inflate. It does not freeze.\n\nIt runs on code. Ownership is defined by keys, not permission.\n\nThat was the problem. This is the solution.",
"sig": "84064a84b01a37f2ee9b06bd5105683822d8756f3383b5ccdc3d58f623b43e7f08d8e022c1d49b99387285af8269a9849961d1dd62f823929552d037ffc13c40"
}